As the June derivatives series heads towards expiry, Geojit Investments' Chief Market Strategist Anand James expects the Nifty to remain stable with controlled moves rather than sharp volatility. He recommends buying Mahindra & Mahindra (M&M) and JK Paper for the coming week, while cautioning traders against rushing to buy the recent dip in Vedanta as the stock could see further downside.
Edited excerpts from a chat:
